Monday, August 6, 2018

Top Stocks To Watch Right Now

tags:DECK,ANSS,REG,TAST, President Donald Trump believes he's a great dealmaker... But is he?   His dealmaking with China looks amateurish...   "China's a currency manipulator!" he repeated relentlessly on the campaign trail – threatening the world's second-biggest country with sanctions.   He's wrong about this. Completely wrong. It shows his ignorance of global economics, and it makes the U.S. look bad.   Importantly, Trump finally conceded that China is not a currency manipulator this week – or at least that he won't call it one...   "Why would I call China a currency manipulator when they are working with us on the North Korean problem?" he Tweeted on Sunday.   But why did he call China a currency manipulator in the first place? Why would he keep repeating this lie for so long?  

Top Stocks To Watch Right Now: Deckers Outdoor Corporation(DECK)

Advisors' Opinion:
  • [By Lisa Levin]

    Some of the stocks that may grab investor focus today are:

    Wall Street expects Foot Locker, Inc. (NYSE: FL) to report quarterly earnings at $1.25 per share on revenue of $1.96 billion before the opening bell. Foot Locker shares gained 2.39 percent to $47.50 in after-hours trading. Zoe’s Kitchen Inc (NYSE: ZOES) reported weaker-than-expected earnings for its first quarter. The company also lowered its FY18 sales outlook from $358million-$368 million to $345 million-$352 million. Zoe’s Kitchen shares tumbled 23.64 percent to $11.05 in the after-hours trading session. Ross Stores, Inc. (NASDAQ: ROST) reported upbeat earnings for its first quarter, but issued weak forecast for the current quarter. Ross Stores shares dropped 4.80 percent to $78.98 in the after-hours trading session. Analysts are expecting Hibbett Sports, Inc. (NASDAQ: HIBB) to have earned $1.15 per share on revenue of $277.35 million in the latest quarter. Hibbett will release earnings before the markets open. Hibbett shares rose 2.23 percent to $29.60 in after-hours trading. Deckers Outdoor Corporation (NYSE: DECK) reported better-than-expected results for its fiscal fourth quarter. Deckers Outdoor shares surged 4.90 percent to $108.75 in the after-hours trading session.

    Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

  • [By Dan Caplinger]

    Sheepskin-lined boots can be cozy and warm during the winter months, and the popular Ugg line of footwear has been the biggest contributor to Deckers Outdoor's (NYSE:DECK) success over the years. Fashion trends can be fickle, though, and a slump from 2015 until last year left some shareholders looking for better alternatives for Deckers to pursue.

  • [By ]

    That tendency for more of the same is likely to be true for many companies, as well. Among the companies that are likely to continue with business as usual -- at least in the short term -- is Deckers Outdoor (NYSE: DECK).�

  • [By Max Byerly]

    Deckers Outdoor (NYSE:DECK) was downgraded by investment analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a report released on Friday.

Top Stocks To Watch Right Now: ANSYS, Inc.(ANSS)

Advisors' Opinion:
  • [By Stephan Byrd]

    Ansys (NASDAQ:ANSS) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “ANSYS delivered strong results for first-quarter 2018, wherein both the top and bottom lines fared better than the respective Zacks Consensus Estimates. Increasing demand for simulation particularly from industries like energy bodes well for ANSYS. We believe that robust product portfolio, expanding total addressable market improving enterprise penetration, collaborations with leading vendors, and strong balance sheet are the catalysts. Acquisitions like 3DSIM and OPTIS are not only enabling ANSYS to bring innovative solutions to the market but are also aiding it to enhance foothold in the competitive simulations market. However, its margin is expected to remain under pressure as ANSYS continues to invest on product development. Furthermore, adverse foreign currency exchange rates are expected to impede revenue growth in the near term as it generates significant revenues from international market.”

  • [By Shane Hupp]

    Ansys (NASDAQ:ANSS) Director James E. Cashman III sold 862 shares of the firm’s stock in a transaction on Tuesday, April 10th. The stock was sold at an average price of $158.00, for a total value of $136,196.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

  • [By Ethan Ryder]

    ANSYS (NASDAQ:ANSS) was downgraded by equities researchers at BidaskClub from a “strong-buy” rating to a “buy” rating in a report released on Monday.

  • [By Logan Wallace]

    Ansys (NASDAQ:ANSS) Director James E. Cashman III sold 40,254 shares of the stock in a transaction on Tuesday, May 22nd. The shares were sold at an average price of $163.76, for a total value of $6,591,995.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Top Stocks To Watch Right Now: Regency Centers Corporation(REG)

Advisors' Opinion:
  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Regency Centers (REG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Logan Wallace]

    State of Tennessee Treasury Department raised its holdings in shares of Regency Centers Corp (NYSE:REG) by 402.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 192,496 shares of the real estate investment trust’s stock after purchasing an additional 154,218 shares during the quarter. State of Tennessee Treasury Department’s holdings in Regency Centers were worth $11,353,000 as of its most recent filing with the Securities & Exchange Commission.

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on Regency Centers (REG)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top Stocks To Watch Right Now: Carrols Restaurant Group Inc.(TAST)

Advisors' Opinion:
  • [By Joseph Griffin]

    Shares of Carrols Restaurant Group, Inc. (NASDAQ:TAST) have earned a consensus rating of “Buy” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $15.50.

  • [By Steve Symington]

    Burger King franchisee Carrols Restaurant Group, Inc. (NASDAQ:TAST) announced strong first-quarter 2018 results on Tuesday morning, showcasing continued momentum in both comparable-restaurant sales and revenue from acquired locations over the past year. Carrols was also able to considerably narrow its losses in this seasonally slow quarter.

  • [By Lisa Levin] Gainers ProPhase Labs, Inc. (NASDAQ: PRPH) gained 50.7 percent to $4.34 after the company announced a special $1.00 per share cash dividend. Impinj, Inc. (NASDAQ: PI) surged 28.4 percent to $17.44 after reporting Q1 results. Cardlytics, Inc. (NASDAQ: CDLX) gained 22 percent to $17.945. Care.com, Inc. (NYSE: CRCM) shares rose 19.3 percent to $18.92 following Q1 earnings. Sharing Economy International Inc. (NASDAQ: SEII) jumped 19.1 percent to $4.3934 after the company disclosed that it entered into a license agreement with Ecrent Capital Holdings Limited. Blink Charging Co. (NASDAQ: BLNK) rose 18.6 percent to $4.79 after jumping 171.14 percent on Monday. IntriCon Corporation (NASDAQ: IIN) climbed 17.4 percent to $29.30 after reporting Q1 results. Nevsun Resources Ltd. (NYSE: NSU) rose 16.2 percent to $3.45 after Lundin Mining Corporation and Euro Sun Mining Inc. proposed to acquire Nevsun Resources for around C$1.5 billion. Tactile Systems Technology, Inc. (NASDAQ: TCMD) gained 15.4 percent to $42.61 following Q1 results. eGain Corporation (NASDAQ: EGAN) gained 15.3 percent to $10.55 following Q3 earnings. Dean Foods Company (NYSE: DF) rose 13.8 percent to $9.48 after reporting upbeat Q1 earnings. Sterling Construction Company, Inc. (NASDAQ: STRL) shares surged 13.1 percent to $13.42 after reporting Q1 results. USA Technologies, Inc. (NASDAQ: USAT) climbed 11.9 percent to $10.85 following better-than-expected Q3 earnings. scPharmaceuticals Inc. (NASDAQ: SCPH) gained 11.2 percent to $14.45 following Q1 results. Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) rose 10.2 percent to $24.08 following Q1 results. Valeant Pharmaceuticals International, Inc. (NYSE: VRX) shares rose 7.9 percent to $19.60 as the company posted upbeat Q1 results and raised its outlook. Carrols Restaurant Group, Inc. (NASDAQ: TAST) rose 7.7 percent to $11.90 following upbeat Q1 results. Pareteum Corporation (NASDAQ: TEUM) rose 6.8 perc

Friday, August 3, 2018

Head-To-Head Comparison: Stitch Fix (SFIX) and Amazon.com (AMZN)

Stitch Fix (NASDAQ: SFIX) and Amazon.com (NASDAQ:AMZN) are both retail/wholesale companies, but which is the better investment? We will compare the two companies based on the strength of their valuation, institutional ownership, profitability, earnings, dividends, risk and analyst recommendations.

Analyst Recommendations

Get Stitch Fix alerts:

This is a breakdown of recent recommendations and price targets for Stitch Fix and Amazon.com, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Stitch Fix 0 6 4 0 2.40
Amazon.com 0 1 48 0 2.98

Stitch Fix currently has a consensus target price of $27.56, indicating a potential downside of 5.47%. Amazon.com has a consensus target price of $1,938.98, indicating a potential upside of 5.71%. Given Amazon.com’s stronger consensus rating and higher probable upside, analysts clearly believe Amazon.com is more favorable than Stitch Fix.

Earnings and Valuation

This table compares Stitch Fix and Amazon.com’s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Stitch Fix $977.13 million 2.92 -$590,000.00 N/A N/A
Amazon.com $177.87 billion 5.03 $3.03 billion $4.55 403.15

Amazon.com has higher revenue and earnings than Stitch Fix.

Profitability

This table compares Stitch Fix and Amazon.com’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Stitch Fix 1.90% 15.39% 7.09%
Amazon.com 3.02% 18.47% 4.33%

Institutional & Insider Ownership

12.6% of Stitch Fix shares are held by institutional investors. Comparatively, 57.4% of Amazon.com shares are held by institutional investors. 16.3% of Amazon.com shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Amazon.com beats Stitch Fix on 10 of the 11 factors compared between the two stocks.

About Stitch Fix

Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men and women under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc. in October 2011. Stitch Fix, Inc. was founded in 2011 and is headquartered in San Francisco, California.

About Amazon.com

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. The company also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo devices; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, it offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, the company provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreement services. Additionally, it offers Amazon Prime, a membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

Sunday, July 22, 2018

Top 5 Safest Stocks For 2019

tags:CACC,BBW,NHC,ENBL,GRVY, Currencies, commodities, different stock sectors, and bonds...   For the last few days, they've been all over the place.   Investors and traders are digesting the news. They're trying to figure out what "President Trump" means for the world. They're trying to figure out where their money is safest... and where they'll make the biggest profits.   Today, we'll look at a few areas of the market that are likely to do well under Trump...   I'll start with infrastructure. Trump plans to spend big to improve things like roads and bridges in the U.S. He has experience with construction. And he'll likely follow through on his promises here.   That bodes well for companies that produce building materials like stone, gravel, steel, and copper. Just look at the price action of companies like Martin Marietta Materials (MLM), Vulcan Materials (VMC), U.S. Steel (X), and Freeport-McMoRan (FCX) since the election. They've all shot higher.

Top 5 Safest Stocks For 2019: Credit Acceptance Corporation(CACC)

Advisors' Opinion:
  • [By Shane Hupp]

    Credit Acceptance (NASDAQ: CACC) and Nelnet (NYSE:NNI) are both mid-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, profitability, risk and earnings.

  • [By Logan Wallace]

    Credit Acceptance (NASDAQ:CACC) last posted its earnings results on Thursday, May 3rd. The credit services provider reported $6.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $6.19 by ($0.08). The company had revenue of $295.60 million for the quarter, compared to analysts’ expectations of $296.16 million. Credit Acceptance had a net margin of 43.49% and a return on equity of 29.44%. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.67 EPS. equities research analysts anticipate that Credit Acceptance will post 26.04 EPS for the current fiscal year.

Top 5 Safest Stocks For 2019: Build-A-Bear Workshop, Inc.(BBW)

Advisors' Opinion:
  • [By Lisa Levin]

      

    Clearside Biomedical, Inc. (NASDAQ: CLSD) shares declined 32.19 percent to close at $9.86 on Thursday. Clearside Biomedical disclosed that its Phase 2 trial of CLS-TA met primary and secondary endpoints met in 6-month trial. scPharmaceuticals Inc. (NASDAQ: SCPH) shares dipped 30.1 percent to close at $9.94 on Thursday after the FDA identified deficiencies in the company’s New Drug Application for FUROSCIX. However, the FDA letter did not specify deficiencies identified and notification does not reflect final decision on information under review. Euroseas Ltd. (NASDAQ: ESEA) fell 24.08 percent to close at $1.86. Euroseas announced completion of the spin-off of its drybulk fleet into EuroDry Ltd. Golar LNG Limited (NASDAQ: GLNG) fell 25.09 percent to close at $25.98 following Q1 results. Oragenics, Inc. (NASDAQ: OGEN) shares dropped 25 percent to close at $1.50 on Thursday. Guess', Inc. (NYSE: GES) dropped 19.44 percent to close at $19.60 following Q1 results. Cantel Medical Corp. (NYSE: CMD) dropped 15.94 percent to close at $109.09 on Thursday following FQ3 results. Fusion Connect, Inc. (NASDAQ: FSNN) shares fell 15.55 percent to close at $3.91. Build-A-Bear Workshop, Inc. (NYSE: BBW) dropped 14.44 percent to close at $8.00 after reporting Q1 results. Dollar Tree, Inc. (NASDAQ: DLTR) shares declined 14.28 percent to close at $82.59 after the company reported weaker-than-expected earnings for its first quarter and lowered its FY2018 earnings guidance. Titan Machinery Inc. (NASDAQ: TITN) dropped 13.94 percent to close at $18.09 after reporting Q1 results. Co-Diagnostics, Inc. (NASDAQ: CODX) declined 13.17 percent to close at $2.90 after declining 5.65 percent on Wednesday. Concordia International Corp. (NASDAQ: CXRX) fell 12.89 percent to close at $0.2440 after the company announced that it would be delisted from the Nasdaq. Sears Holdings Corporation (NASDAQ: SHLD) slipped 12.46 percent
  • [By Joseph Griffin]

    News coverage about Build-A-Bear Workshop (NYSE:BBW) has been trending somewhat negative on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Build-A-Bear Workshop earned a media sentiment score of -0.07 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 43.9525750448852 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

  • [By Lisa Levin] Companies Reporting Before The Bell Dollar Tree, Inc. (NASDAQ: DLTR) is expected to report quarterly earnings at $1.23 per share on revenue of $5.56 billion. Express, Inc. (NYSE: EXPR) is projected to report quarterly loss at $0.02 per share on revenue of $466.25 million. Dollar General Corporation (NYSE: DG) is estimated to report quarterly earnings at $1.4 per share on revenue of $6.20 billion. Tech Data Corporation (NASDAQ: TECD) is expected to report quarterly earnings at $1.46 per share on revenue of $8.13 billion. Burlington Stores, Inc. (NYSE: BURL) is estimated to report quarterly earnings at $1.09 per share on revenue of $1.49 billion. Ciena Corporation (NYSE: CIEN) is projected to report quarterly earnings at $0.3 per share on revenue of $726.56 million. American Eagle Outfitters, Inc. (NYSE: AEO) is expected to report quarterly earnings at $0.22 per share on revenue of $806.17 million. Titan Machinery Inc. (NASDAQ: TITN) is estimated to report quarterly loss at $0.08 per share on revenue of $276.27 bmillion. Donaldson Company, Inc. (NYSE: DCI) is projected to post quarterly earnings at $0.52 per share on revenue of $682.68 million. Ship Finance International Limited (NYSE: SFL) is expected to report quarterly earnings at $0.21 per share on revenue of $92.08 million. Perry Ellis International, Inc. (NASDAQ: PERY) is projected to report quarterly earnings at $0.67 per share on revenue of $232.30 million. Kirkland's, Inc. (NASDAQ: KIRK) is estimated to report quarterly loss at $0.09 per share on revenue of $140.83 million. Build-A-Bear Workshop, Inc. (NYSE: BBW) is expected to report quarterly earnings at $0.18 per share on revenue of $90.20 million. J.Jill, Inc. (NYSE: JILL) is projected to report quarterly earnings at $0.19 per share on revenue of $160.50 million. Christopher & Banks Corporation (NYSE: CBK) is expected to report quarterly loss at $0.08 per share on revenue of $89.35 million.

Top 5 Safest Stocks For 2019: National HealthCare Corporation(NHC)

Advisors' Opinion:
  • [By Logan Wallace]

    Shares of Nobilis Health (NYSEAMERICAN:HLTH) (TSE:NHC) traded down 15.6% during mid-day trading on Tuesday following a dissappointing earnings announcement. The company traded as low as $1.35 and last traded at $1.35. 1,239,040 shares were traded during mid-day trading, an increase of 331% from the average session volume of 287,252 shares. The stock had previously closed at $1.60.

  • [By Logan Wallace]

    Virginia Retirement Systems ET AL bought a new position in shares of National Healthcare (NYSEAMERICAN:NHC) in the 1st quarter, Holdings Channel reports. The institutional investor bought 5,600 shares of the company’s stock, valued at approximately $334,000.

Top 5 Safest Stocks For 2019: Enable Midstream Partners, LP(ENBL)

Advisors' Opinion:
  • [By Lee Jackson]

    Enable Midstream Partners LP (NYSE: ENBL) is raised to equal weight from underweight at Barclays. The 52-week trading range for the stock has been $12.89 to $17.67. The consensus price target is set at $17.18. The price of shares at the market’s close on Monday was $17.02.

  • [By Stephan Byrd]

    Enable Midstream Partners (NYSE: ENBL) and EnLink Midstream Partners (NYSE:ENLK) are both mid-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, earnings, risk, valuation, institutional ownership, dividends and analyst recommendations.

  • [By Shane Hupp]

    Enable Midstream Partners LP (NYSE:ENBL) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $17.75.

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on Enable Midstream Partners (ENBL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

Top 5 Safest Stocks For 2019: GRAVITY Co. Ltd.(GRVY)

Advisors' Opinion:
  • [By Cooper Creagan]

    For example, if you had taken five minutes to set up a Night Trade on Gravity Co. (Nasdaq: GRVY) in October, you could've tripled your money, and then some.

  • [By Joseph Griffin]

    BidaskClub upgraded shares of Gravity (NASDAQ:GRVY) from a strong sell rating to a sell rating in a research note issued to investors on Tuesday morning.

  • [By Max Byerly]

    ILLEGAL ACTIVITY WARNING: “Gravity (GRVY) Receives Coverage Optimism Score of 0.17” was first published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://www.tickerreport.com/banking-finance/3382037/gravity-grvy-receives-coverage-optimism-score-of-0-17.html.

Saturday, July 21, 2018

Capital City Trust Co. FL Cuts Stake in iShares 1-3 Year Credit Bond ETF (CSJ)

Capital City Trust Co. FL decreased its holdings in shares of iShares 1-3 Year Credit Bond ETF (NASDAQ:CSJ) by 2.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,527 shares of the exchange traded fund’s stock after selling 1,845 shares during the quarter. iShares 1-3 Year Credit Bond ETF accounts for approximately 3.5% of Capital City Trust Co. FL’s portfolio, making the stock its 3rd largest position. Capital City Trust Co. FL owned about 0.08% of iShares 1-3 Year Credit Bond ETF worth $8,247,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Transamerica Financial Advisors Inc. lifted its position in iShares 1-3 Year Credit Bond ETF by 131.8% in the 1st quarter. Transamerica Financial Advisors Inc. now owns 1,057 shares of the exchange traded fund’s stock worth $110,000 after buying an additional 601 shares during the last quarter. Braun Bostich & Associates Inc. bought a new stake in iShares 1-3 Year Credit Bond ETF in the 1st quarter worth approximately $154,000. Quattro Financial Advisors LLC bought a new stake in iShares 1-3 Year Credit Bond ETF in the 1st quarter worth approximately $164,000. Fieldpoint Private Securities LLC lifted its position in iShares 1-3 Year Credit Bond ETF by 314.0% in the 1st quarter. Fieldpoint Private Securities LLC now owns 2,070 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 1,570 shares during the last quarter. Finally, Peloton Wealth Strategists bought a new stake in iShares 1-3 Year Credit Bond ETF in the 1st quarter worth approximately $221,000.

Get iShares 1-3 Year Credit Bond ETF alerts:

NASDAQ:CSJ traded up $0.03 during mid-day trading on Friday, reaching $103.70. The stock had a trading volume of 18,449 shares, compared to its average volume of 578,049. iShares 1-3 Year Credit Bond ETF has a one year low of $103.47 and a one year high of $105.61.

The company also recently announced a monthly dividend, which was paid on Monday, July 9th. Investors of record on Tuesday, July 3rd were given a $0.1929 dividend. This is an increase from iShares 1-3 Year Credit Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Monday, July 2nd. This represents a $2.31 dividend on an annualized basis and a yield of 2.23%.

iShares 1-3 Year Credit Bond ETF Company Profile

iShares 1-3 Year Credit Bond ETF (the Fund), formerly iShares Barclays 1-3 Year Credit Bond Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund. The Fund seeks results, which correspond generally to the price and yield performance, before fee and expense, of investment grade credit sector of the United States bond market as defined by the Barclays Capital U.S.

Recommended Story: What do investors mean by earnings per share?

Institutional Ownership by Quarter for iShares 1-3 Year Credit Bond ETF (NASDAQ:CSJ)

Friday, July 20, 2018

Proctor & Gamble Acquires Indie Beauty Brand First Aid Beauty

American multinational Proctor & Gamble (PG ) recently announced its acquisition of beauty brand First Aid Beauty for a reported $250 million. First Aid Beauty was founded in 2009 by CEO Lili Gordon. The idea for the company comes from how every household has a first aid kit, so everyone needs first aid beauty products too. FAB is dedicated to creating smart and effective products for sensitive skin by using ingredients which are safe and allergy tested.

What This Acquisition Means for First Aid Beauty

 P&G is a company which has acquired many beauty brands before such as Olay, SKII, Aussie and Herbal Essences, along with many others.  According to Gordon, FAB’s move to P&G will allow the brand to focus on increasing its global presence, while expanding on product development as well. Currently, FAB relies on third parties for their formulas, and under P&G and with PD, they could come up with the formulas themselves.

As of right now, Gordon has 50 employees with her company. Being under P&G now, she will get to keep those employees as well her position of CEO of FAB. However, she will report to the president of P&G’s global skin and care, Markus Strobel.

With this acquisition, both companies are mutually benefitting. P&G is looking to gain back that market confidence it had before it sold its longstanding portfolio to Coty Inc. (COTY ) in 2016. Similarly, FAB is looking to gain a wider consumer base by expanding its efforts globally with the help of P&G.

How Will P&G Benefit?

After Proctor & Gamble sold 43 brands from its company to Coty two years ago, they have been trying to regain the same momentum they once had in the beauty/skincare industry. Investors have been reluctant about P&G since it sold a lot of its brand, as they fear it could potentially turn into the next General Electric (GE ) , with the selling of its portfolio.

Since then, P&G has looked towards building its company through acquisitions. With this most recent acquisition, it is looking to build its skin-care portfolio with brands that complement their portfolio and eventually fill the spaces where they are currently not present.

First Aid Beauty is a young brand that has become quite popular, especially amongst millennials. P&G can expect to gain that consumer base, as FAB will have a broad appeal. Today’s buying customers look for products which are cruelty free and products that they can use on the go. First Aid Beauty delivers those needs, and  therefore, there is potential for this brand to become very valuable in the upcoming years.

P&G will certainly benefit from this acquisition as it will be able to bring in those customers that are already part of First Aid Beauty, as well as the customers it might have lost after selling most of its brands. If FAB succeeds under P&G and becomes a worldwide brand, then this could mean big things for both of them.

Bottom Line

This acquisition is certainly a refreshing start for P&G seeing as First Aid Beauty is a brand loved by many and has been doing quite well over the years. Proctor & Gamble can expect good things from this acquisition and it seems clear they made the right decision.

Looking for Stocks with Skyrocketing Upside?

 Zacks has just released a Special Report on the booming investment opportunities of legal marijuana. Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>

Thursday, July 19, 2018

A morning walk down Dalal Street: Nifty must close above 11,080 for move towards life time high of 1

Bulls took control of D-Street and pushed Nifty above its crucial level of 11,000 on Tuesday. Fall in crude oil price, better than expected earnings from Federal Bank & Ashok Leyland, as well as strong currency helped the index to climb the wall of worries.

The S&P BSE Midcap index which plunged over 2�percent on Monday recouped most of its losses and closed higher by 2.1 percent, a welcome sign for the bulls.

The pullback was largely a renewed buying based on a few technical factors that are favouring the bull.

The lagging Indicator MACD has retested the Zero line and is positive since July Series indicating the bullish trend in the medium term.

related news What changed for the market while you were sleeping? Top 15 things to know Trade Setup for Wednesday: Top 15 things to know before Opening Bell

The next resistance is placed at 11,170 which is a previous all-time high.

Analysts maintain a buy on dips strategy with the target of 11,250 �� 11,300 on the upside while a recent swing low of 10,900 can be kept as a stop loss.

On the earnings front, 17 companies will report their results for June quarter which include names like Bandhan Bank, HT Media, Mastek, Mindtree, NIIT Technologies, Reliance Communications, and UltraTech Cements.

Mindtree Q1 PAT likely to rise by 77�percent YoY to Rs 164.80 crore

NIIT Technologies: Q1 PAT likely to rise by 51 percent YoY to Rs 77.80 crore

UltraTech Cement: Q1 PAT likely to fall by 32 percent YoY to Rs 604.60 crore

(Note: All estimates from Motilal Oswal)

Stocks in news:

PSU Banks will be in focus after government announced an infusion of Rs 11,336 crore in five public sector banks as part of its Indradhanush scheme, which was unveiled in 2015. This is the last tranche of infusion under the scheme.

Zee Entertainment Enterprises reported 31 percent jump in its Q1FY19 (April- June) at Rs 325.88 crore against Rs 248.25 crore in the same quarter last fiscal.

IDBI Bank: The public sector lender, IDBI Bank, will soon seek an approval from the government for the proposed investment by Life Insurance Corporation of India (LIC). The latter, which holds 7.98 percent stake in the bank at present will buy additional 43.02 percent in former once it gets the approval from the Cabinet.

Big News:

Big bonanza for PSU banks

The government has announced an infusion of Rs 11,336 crore in five public sector banks as part of its Indradhanush scheme, which was unveiled in 2015.

This is the last tranche of infusion under the scheme.

The five banks are Punjab National Bank (PNB), Indian Overseas Bank (IOB), Andhra Bank, Corporation Bank & Allahabad Bank.

Of the Rs 11,336 crore, Rs 2,816 crore will be infused in PNB, Rs 2,157 crore in IOB, Rs 2,019 crore in Andhra Bank, Rs 2,555 in Corporation Bank, and Rs 1,790 crore in Allahabad Bank.

Technical Outl0ok:

The index formed a strong bullish candle on daily charts.

The closing above 11,000-mark is a good thing but to maintain that momentum, the index has to close above 11,080 levels and then only it can be able to march towards its earlier life time high of 11,171 seen in January, experts said.

Traders are advised to create fresh long positions with a stop loss below 10,925 on closing basis and look for bigger targets around 11,171.

Three levels: 10925, 11000, 11080

Max Call OI: 11000, 11100

Max Put OI: 10600, 10800

Option band signifies an immediate trading range in between 10,929 to 11,080 zones.

Stocks with high delivery percentage: Eicher Motors, RBL Bank, Marico, HDFC.

92 stocks saw long buildup: Adani Power, Bata India, Federal Bank

11 stocks saw a short build-up: MindTree (ahead of results), Marico, PC Jeweller

Technical Recommendations:

We spoke to Yes Securities and here��s what they have to recommend:

Titan Company: Buy| LTP: Rs 845 | Target: Rs 900-930 | Stop loss: Rs 800 | Return 7-10%

V-Guard Industries: Buy | LTP: Rs 192 | Target: Rs 207-216 | Stop loss: Rs 183 | Return 8-12%

Axis Bank: Buy | LTP: Rs 537 | Target: Rs 565-580 | Stop loss: Rs 519 | Return 5-8%

Disclaimer: The views and investment tips expressed by investment expert on moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. First Published on Jul 18, 2018 07:05 am

Monday, July 16, 2018

Think You'll Live Until 95? You'd Better Save $100,000 Extra

Did you know that once you've reached age 65, you have better than even odds of living until age 80? Your chances of living until 90 aren't that bad, either.

In fact, around one in five men and three in 10 women who've reached the age of 65 will live until at least 90, while about 6% of men and 12% of women will hit 95. For a senior couple, there's close to a one-in-five shot one of the two will still be around at 95.�

This is great news, right? Yes -- but there's a big caveat. Your savings may not always last until your 95th birthday, especially if you experience big health issues.�

It's hard to know how long you'll live -- although your family history could help provide a guide -- but it's best to err on the side of caution and assume longevity when planning for retirement and particularly when deciding how much to save for healthcare.

A smiling doctor with a clipboard sits at a table with a patient.

Image source: Getty Images.

Median out-of-pocket health expenses for older seniors

A recent study by Employee Benefits Research Institute (ERBI) underscores the need to save a substantial amount for healthcare, especially if you're likely to live a long time.�

According to ERBI, the cumulative median out-of-pocket health expenses for a senior who passes away between the ages of 80 and 84 is $11,608, while median out-of-pocket health expenditures reach $27,382 for those who live until 95 or longer.�

For those who need a lot of care, however, the gap is much greater. Those who pass away between 80 and 84 who are in the 90th percentile for medical care expenditures pay about $73,374 out of pocket. But for seniors who live until 95 or longer, spending for those in the 90th percentile of medical care use is a whopping $171,979.�

It makes sense that those who live longer will pay more for care.��However, as ERBI points out, the costs within the last 10 years of life go up exponentially for those who have the longest life spans.�

Nursing home expenses are a huge driver of healthcare costs

ERBI also warns that the longer you live, the more likely it is you'll end up needing�nursing home care. While only 15.3% of people who pass away in their early 70s spend any time in a�nursing home, more than six in 10 people who live until 95 spend at least one night in an institutional facility -- and sometimes much longer.�

Nursing home care has an average cost of more than $85,000 per year nationwide for a semi-private room, according to the Genworth Cost of Care survey. Because nursing home costs usually must be paid out of pocket since Medicare only provides very limited coverage and only for specific types of�skilled nursing care, having to spend any time in a nursing home could mean serious financial hardship.�

How�can you prepare to cover healthcare costs as a senior?

Because healthcare expenditures�can be so substantial -- especially if you live a long life -- it's best to err on the side of caution and develop substantial savings dedicated to covering medical treatment.

If you think you'll live until 95, plan to spend at the high end because you can't guarantee how your health will hold up -- and of course, going back to work to pay for care at 95 is a nonstarter.�

One of the best ways to make sure you save enough is to invest in a health savings account�throughout your lifetime. If you have a high deductible health insurance plan, you should be eligible to invest. While these accounts can be used to cover short-term medical expenses any time after money is invested, leaving the money in the account to grow and pay for care as a senior is often the smartest move.�

Also consider options for long-term care insurance -- although not all policies provide comprehensive coverage -- and compare Medicare programs carefully to determine if you should purchase a Medigap plan to provide supplementary coverage for things traditional Medicare won't pay for.�

Finally, working with an attorney to create a plan to qualify for Medicaid could be another approach. Medicaid is a means-tested benefit open to people with limited financial resources. However, many people work with attorneys to make effective use of legal tools that allow them to keep assets they've worked for throughout their lives while qualifying for Medicaid.�

Medicaid can cover�nursing home care costs and, for eligible seniors, also subsidize Medicare premiums and co-insurance costs to make affording care easier.�

Don't retire without a plan for healthcare costs

Far too many people don't really think about healthcare costs when deciding how much they need to save for retirement. Don't make that mistake. You may need hundreds of thousands of dollars to pay for the costs of healthcare -- especially if you live a long life. Make a plan today to start setting aside money so you can afford the care when you need, even if you make it to 100.

Friday, July 13, 2018

MCX Q1 PAT seen up 9.3% QoQ to Rs. 37 cr: HDFC Securities


HDFC Securities has come out with its first quarter (April-June�� 18) earnings estimates for the Technology sector. The brokerage house expects MCX to report net profit at Rs. 37 crore up 9.3% quarter-on-quarter (up 41.9% year-on-year).


Net Sales are expected to increase by 5.2 percent Q-o-Q (up 25.4 percent Y-o-Y) to Rs. 74 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.7 percent Q-o-Q (up 101.1 percent Y-o-Y) to Rs. 26 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Read More First Published on Jul 12, 2018 06:07 pm

Thursday, July 12, 2018

Gateway Investment Advisers LLC Sells 14,417 Shares of iShares S&P 500 Index (IVV)

Gateway Investment Advisers LLC lessened its holdings in shares of iShares S&P 500 Index (NYSEARCA:IVV) by 1.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 825,039 shares of the company’s stock after selling 14,417 shares during the quarter. iShares S&P 500 Index comprises about 2.0% of Gateway Investment Advisers LLC’s holdings, making the stock its 6th biggest holding. Gateway Investment Advisers LLC owned about 0.15% of iShares S&P 500 Index worth $225,277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Arbor Investment Advisors LLC acquired a new stake in iShares S&P 500 Index in the second quarter valued at approximately $301,000. Gofen & Glossberg LLC IL raised its holdings in iShares S&P 500 Index by 3.4% in the second quarter. Gofen & Glossberg LLC IL now owns 21,211 shares of the company’s stock valued at $5,792,000 after acquiring an additional 691 shares in the last quarter. KLS Professional Advisors Group LLC raised its holdings in iShares S&P 500 Index by 10.1% in the second quarter. KLS Professional Advisors Group LLC now owns 496,270 shares of the company’s stock valued at $135,507,000 after acquiring an additional 45,670 shares in the last quarter. Mitchell Sinkler & Starr PA acquired a new stake in iShares S&P 500 Index in the second quarter valued at approximately $491,000. Finally, TNB Financial raised its holdings in iShares S&P 500 Index by 35.0% in the second quarter. TNB Financial now owns 151,259 shares of the company’s stock valued at $41,301,000 after acquiring an additional 39,189 shares in the last quarter.

Get iShares S&P 500 Index alerts:

NYSEARCA:IVV traded down $2.09 during mid-day trading on Wednesday, hitting $278.74. The stock had a trading volume of 3,781,203 shares, compared to its average volume of 4,512,845. iShares S&P 500 Index has a twelve month low of $243.45 and a twelve month high of $288.69.

The business also recently declared a quarterly dividend, which was paid on Monday, July 2nd. Shareholders of record on Wednesday, June 27th were paid a $1.2812 dividend. This is a positive change from iShares S&P 500 Index’s previous quarterly dividend of $1.27. This represents a $5.12 annualized dividend and a yield of 1.84%. The ex-dividend date was Tuesday, June 26th.

iShares S&P 500 Index Company Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor��s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.

Institutional Ownership by Quarter for iShares S&P 500 Index (NYSEARCA:IVV)

Wednesday, July 11, 2018

Xiaomi rebound; Trump goes to Europe; Pound watch

1. Rebound in Hong Kong: Xiaomi's second day as a public company is going a lot better than its first.

Shares in the Chinese smartphone maker jumped as much as 15% in afternoon trading in Hong Kong on Tuesday. The gain follows a weak debut on Monday when its shares lost as much as 5.9% before ending the day down about 1%.

Xiaomi went public after raising $4.7 billion in the world's biggest tech IPO since Alibaba's (BABA) huge New York listing in 2014.

Tuesday's rally took its shares comfortably above their issue price of 17 Hong Kong dollars ($2.17).

2. Trump in Europe: US President Donald Trump is heading to Brussels, Belgium, for the first stop of his European tour.

The trip includes a NATO summit, a meeting with Queen Elizabeth II in the United Kingdom and a sit-down with Russian leader Vladimir Putin in Finland.

Many European leaders have been vocal about their opposition to various Trump policies, including his decision to impose tariffs on steel and aluminum imports.

Switzerland on Tuesday became the latest country to file a complaint over the tariffs with the World Trade Organization.

3. Stock market overview: Global stock markets were higher, continuing the momentum from a big rally on Monday.

US stock futures were indicating modest gains at the open. European markets advanced in early trade and most Asian markets ended the day with gains.

On Monday, the Dow Jones industrial average soared by 1.3%, its best day in a month. The S&P 500 and Nasdaq jumped by 0.9%.

Before the Bell newsletter: Key market news. In your inbox. Subscribe now!

4. Earnings: Pepsi (PEP) will release its earnings report before the opening bell.

5. Pound watch: The resignation of two UK government ministers has put the British pound in the spotlight.

The currency weakened significantly on Monday after Foreign Secretary Boris Johnson announced his resignation over a new "business-friendly" Brexit plan from Prime Minister Theresa May.

The pound has since recovered some of its lost ground to trade at $1.33. The benchmark FTSE 100 edged lower on Tuesday.

Markets Now newsletter: Get a global markets snapshot in your inbox every afternoon. Sign up now!

6. Coming this week: Tuesday �� Pepsi earnings Wednesday �� US Bureau of Labor Statistics releases monthly Producer Price Index Thursday �� Delta earnings; US inflation data Friday �� Citigroup, JPMorgan Chase, Wells Fargo, First Republic Bank (FRC) report earnings; Consumer sentiment index

Friday, July 6, 2018

Gabelli Weighs in on Prestige Brands Holdings, Inc.’s FY2019 Earnings (PBH)

Prestige Brands Holdings, Inc. (NYSE:PBH) – Investment analysts at Gabelli cut their FY2019 earnings estimates for shares of Prestige Brands in a research report issued on Tuesday, July 3rd. Gabelli analyst Z. Bodini now anticipates that the company will post earnings of $3.00 per share for the year, down from their prior forecast of $3.05. Gabelli also issued estimates for Prestige Brands’ FY2020 earnings at $3.35 EPS, FY2021 earnings at $3.75 EPS, FY2022 earnings at $4.20 EPS and FY2023 earnings at $4.65 EPS.

Get Prestige Brands alerts:

Several other analysts have also issued reports on PBH. DA Davidson lowered shares of Prestige Brands to a “neutral” rating and set a $33.00 price target on the stock. in a research report on Tuesday, May 8th. Zacks Investment Research lowered shares of Prestige Brands from a “hold” rating to a “sell” rating in a research report on Friday, May 11th. Finally, ValuEngine lowered shares of Prestige Brands from a “sell” rating to a “strong sell” rating in a research report on Wednesday, May 2nd. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $71.00.

Prestige Brands opened at $37.34 on Wednesday, according to Marketbeat. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.50 and a current ratio of 2.46. Prestige Brands has a 1 year low of $27.84 and a 1 year high of $53.90. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 1.45 and a beta of 1.18.

Prestige Brands (NYSE:PBH) last announced its quarterly earnings data on Thursday, May 10th. The company reported $0.62 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.01. Prestige Brands had a net margin of 32.61% and a return on equity of 13.33%. The business had revenue of $256.00 million for the quarter, compared to analyst estimates of $255.61 million. During the same quarter in the previous year, the firm posted $0.54 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis.

In other Prestige Brands news, SVP Jean A. Boyko sold 20,528 shares of the company’s stock in a transaction on Tuesday, May 15th. The shares were sold at an average price of $36.91, for a total value of $757,688.48. Following the transaction, the senior vice president now directly owns 21,960 shares in the company, valued at $810,543.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.98% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd increased its holdings in shares of Prestige Brands by 31.4% in the first quarter. Dynamic Technology Lab Private Ltd now owns 17,781 shares of the company’s stock valued at $600,000 after purchasing an additional 4,254 shares during the last quarter. Diversified Trust Co acquired a new position in shares of Prestige Brands in the first quarter valued at $202,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of Prestige Brands by 47,880.0% in the first quarter. Massmutual Trust Co. FSB ADV now owns 9,596 shares of the company’s stock valued at $324,000 after purchasing an additional 9,576 shares during the last quarter. Wesbanco Bank Inc. acquired a new position in shares of Prestige Brands in the first quarter valued at $988,000. Finally, Royal Bank of Canada increased its holdings in shares of Prestige Brands by 81.4% in the first quarter. Royal Bank of Canada now owns 2,027,327 shares of the company’s stock valued at $68,362,000 after purchasing an additional 909,507 shares during the last quarter.

Prestige Brands Company Profile

Prestige Brands Holdings, Inc, together with its subsidiaries, develops, manufactures, markets, distributes, and sells over-the-counter (OTC) healthcare and household cleaning products in North America, Australia, and internationally. It operates in three segments: North American OTC Healthcare, International OTC Healthcare, and Household Cleaning.

Earnings History and Estimates for Prestige Brands (NYSE:PBH)

Thursday, July 5, 2018

RIVERNORTH / DO/COM to Issue Monthly Dividend of $0.15 (OPP)

RIVERNORTH / DO/COM (NYSE:OPP) declared a monthly dividend on Wednesday, July 4th, Wall Street Journal reports. Investors of record on Friday, August 17th will be paid a dividend of 0.15 per share on Friday, August 31st. This represents a $1.80 annualized dividend and a yield of 10.16%. The ex-dividend date of this dividend is Thursday, August 16th.

RIVERNORTH / DO/COM traded down $0.04, hitting $17.72, during trading on Wednesday, MarketBeat reports. The stock had a trading volume of 27,929 shares, compared to its average volume of 51,376. RIVERNORTH / DO/COM has a 1-year low of $17.12 and a 1-year high of $19.76.

RIVERNORTH / DO/COM Company Profile

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP. It invests in fixed income markets. The fund seeks to benchmark the performance of its portfolio against the Barclays Capital U.S.

Dividend History for RIVERNORTH / DO/COM (NYSE:OPP)

Sunday, June 24, 2018

4 Tips to Survive a Terrible Boss

When you have a bad boss, every day can be miserable. Not liking who you work for can ruin an otherwise good job. It can also take an otherwise happy person and make him or her miserable. Just because you're in this situation, however, does not make you powerless. You can take control of your work life and either make it better or change it. Your bad boss does not have to dominate your life, and while some of these fixes aren't easy, they are possible.

The one thing that won't improve your situation is doing nothing. If you find yourself stuck working for someone who is mean, dismissive, or even just not good at finding time to answer your questions, you have to be proactive. That does not guarantee success -- some bosses (and people) are just terrible -- but in many cases, it should improve things.

A woman sitting behind a computer at a desk waving her finger at a person sitting on the other side of the table.

Sometimes talking works and sometimes it doesn't. Image source: Getty Images.

1. Talk to your boss

If you work for someone who has serious faults but is otherwise reasonable, it makes sense to try to talk with him or her. Schedule a meeting and be positive. Lay out some positives about the person and then bring up your complaint.

Try saying something like, "I really enjoy working for you, but I'd appreciate if you'd just tell me when I make a mistake instead of yelling at me. I promise I'll be just as attentive to your concerns."

A reasonable person will hear that and make an effort to change. Sometimes people just need a little reminder and that can get them to behave differently.

2. Talk to your boss's boss

If you work for someone who's less reasonable you may want to go over his or her head. Try to schedule a meeting at a time when the person you work for won't be in the office. Lay out your concerns and ask for specific actions to remedy your boss's negative behaviors.

Bring specific examples and, if you have any ideas, specific remedies. For example, if you would like to be transitioned to another department or office, ask for that, but be reasonable about timetables. If you simply want your boss to change a certain behavior, say that and explain what you are looking for.

3. Bring in HR

If you don't feel comfortable talking directly with your boss or going over his or her head, it might be best to bring in an impartial party. In larger companies, that would be human resources (HR). In smaller companies it can be harder to find an appropriate person but sometimes there's a peer of your boss who might stand if for HR.

Just as you would in speaking with your boss, be direct but fair. Don't lay out a list of negatives and offer nothing positive. Explain the specific behaviors you are bothered by and how you would like to see them remedied. Listen to your boss's criticisms of you and be open to making some changes yourself.

4. Be willing to leave

Some situations can't be fixed. If you try the methods above and things don't improve, then you have to be willing to leave.

That may not be fair, but it's a reality. Some situations are simply not fixable and some bosses simply won't change their ways no matter how kindly and professionally they are asked.

Not all situations are worth saving

The first three tips above assume that you work for a boss who has some redeeming qualities. They also assume that your boss answers to someone, which is not always the case.

When your boss is the boss and HR has no influence, there's very little you can do if he or she has no interest in changing. If you work for someone abusive, truly mean, or who is otherwise beyond redemption who has no boss, then your best move it to leave. That's most certainly not fair, but sometimes a situation can't be changed and your best move is removing yourself from it.

Monday, May 28, 2018

5 Things Never to Do With Your 401(k)

If you're lucky enough to have a 401(k), it really pays to the make the most of that plan. That's because the money you save today could set the stage for a financially stable future. That said, there are certain 401(k) moves that could easily derail your retirement savings efforts and hurt you financially. Here are a few things you should never do with regard to your 401(k).

1. Take an early withdrawal

Maybe you've lost your job and are having a hard time paying the bills. Or maybe you have a near-term financial goal you're looking to meet, and figure you might as well access the money you've saved in your 401(k). After all, that cash is yours, so why shouldn't you spend it?

Coin being inserted into piggy bank next to chalkboard with 401k written in chalk

IMAGE SOURCE: GETTY IMAGES.

Well, there's a good reason why you shouldn't tap your 401(k) before reaching age 59 1/2: You'll be hit with a whopping 10% early-withdrawal penalty on whatever amount you remove. This means that if you withdraw $10,000 before age 59 1/2, you'll lose $1,000 right off the bat. On top of that, you'll be taxed on whatever amount you withdraw -- though that would be the case even if you were to wait until 59 1/2.

But penalties aside, the more money you remove from your 401(k) for non-retirement purposes, the less income you'll have access to when you're older. And that's reason enough to leave that money alone.

Furthermore, while you may have heard that it's OK to take an early withdrawal to pay for college or buy a first-time home, those allowances only apply to funds held in an IRA. If you have a 401(k), you won't qualify for the same exceptions to the early-withdrawal penalty.

2. Cash it out when you switch jobs

Job-hopping is fairly common nowadays, so when you stop working for the company that's sponsored your 401(k) to date, you may be inclined to cash out your plan and start a new 401(k) with your next employer. Big mistake. The early-withdrawal penalty we talked about above applies when you cash out a 401(k) upon leaving a job, so don't go that route. Instead, roll that money into an IRA or see about rolling it into your new employer's plan. This way, you'll avoid taxes and penalties on the money you've worked hard to save.

3. Borrow money from it

Some companies allow employees to borrow money from their 401(k) plans. If you have that option, you can borrow the lesser of $50,000 or half of your account's vested balance.

While borrowing certainly is preferable to taking an early withdrawal, it's a move that could end up backfiring in several ways. First, if you get�laid off from your job, your outstanding 401(k) loan amount will be treated as a distribution -- which means that it automatically gets taxed. And if you're under 59 1/2 at the time, you'll get hit with that nasty 10% early-withdrawal penalty, as well. Furthermore, any time you remove money from your 401(k), you lose out on its associated growth by virtue of not having it invested. And that could end up hurting your savings.

4. Miss out on employer-matching dollars

An estimated 92% of companies that sponsor 401(k) plans also match employee contributions to some degree. But if you don't contribute enough of your own money to snag that match, you'll be losing out on free cash. Incidentally, about 25% of workers don't contribute enough to capitalize on employer matches, and as such, the average employee gives up $1,336 each year.

But as is the case with borrowing from a 401(k), when you fail to take advantage of employer-matching dollars, you don't just miss out on the money itself, but also on its growth potential. Passing up $1,336 a year for 20 years, therefore, doesn't just mean losing out on $26,720 -- it means losing out on $54,770 if your investments could've generated a 7% average annual return during that time (which is more than doable with a stock-focused strategy). And that's a lot of cash to give up.

5. Ignore your investments

Many people set up their 401(k) investments early on and then fail to check up on them regularly. But if you don't review your investments periodically, you'll have no way of knowing how they're performing.

What if you chose a fund initially that averaged an 11% return per year, but in the past two years, it's failed to do better than 4%? Would you really want to keep your money there? Though you don't need to check your investments on a weekly basis, schedule a quarterly or semiannual review. This way, if you see that your funds are underperforming, you'll have an opportunity to act and move your money around.

By saving in a 401(k), you're putting yourself in a great position to retire comfortably. So don't blow that chance. Avoid these mistakes and with any luck, you'll build an impressive nest egg that covers you throughout your golden years.

Saturday, May 26, 2018

Robeco Institutional Asset Management B.V. Has $816,000 Position in Sprint Co. (S)

Robeco Institutional Asset Management B.V. increased its holdings in Sprint Co. (NYSE:S) by 98.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 167,066 shares of the cell phone carrier’s stock after purchasing an additional 82,968 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Sprint were worth $816,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in S. Daiwa Securities Group Inc. increased its stake in Sprint by 1,017.5% during the 4th quarter. Daiwa Securities Group Inc. now owns 283,598 shares of the cell phone carrier’s stock worth $1,671,000 after buying an additional 258,219 shares in the last quarter. Banco de Sabadell S.A purchased a new stake in Sprint during the 4th quarter worth approximately $176,000. NuWave Investment Management LLC purchased a new stake in Sprint during the 4th quarter worth approximately $496,000. Bank of New York Mellon Corp increased its stake in Sprint by 2.4% during the 4th quarter. Bank of New York Mellon Corp now owns 3,682,775 shares of the cell phone carrier’s stock worth $21,693,000 after buying an additional 87,274 shares in the last quarter. Finally, State of Alaska Department of Revenue purchased a new stake in Sprint during the 4th quarter worth approximately $292,000. 12.68% of the stock is owned by institutional investors.

Get Sprint alerts:

In related news, insider John Saw sold 88,319 shares of the company’s stock in a transaction that occurred on Friday, April 27th. The stock was sold at an average price of $6.50, for a total value of $574,073.50. Following the transaction, the insider now directly owns 1,149,057 shares in the company, valued at $7,468,870.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.18% of the company’s stock.

Several research firms have commented on S. Citigroup boosted their price objective on Sprint from $6.50 to $7.00 and gave the stock a “neutral” rating in a research note on Monday, April 30th. Guggenheim upgraded Sprint from a “sell” rating to a “neutral” rating and set a $4.50 price objective for the company in a research note on Monday, April 30th. Wells Fargo & Co lowered Sprint from an “outperform” rating to a “market perform” rating in a research note on Monday, April 30th. ValuEngine upgraded Sprint from a “strong sell” rating to a “sell” rating in a research note on Wednesday, April 11th. Finally, Gabelli reiterated a “hold” rating on shares of Sprint in a research note on Tuesday, April 24th. Seven investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and two have assigned a buy rating to the company’s stock. Sprint currently has an average rating of “Hold” and an average target price of $5.91.

S stock opened at $5.15 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $20.58 billion, a PE ratio of 128.50 and a beta of 0.66. Sprint Co. has a 1 year low of $4.81 and a 1 year high of $9.02.

Sprint (NYSE:S) last posted its quarterly earnings results on Wednesday, May 2nd. The cell phone carrier reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.09. The business had revenue of $8.08 billion during the quarter, compared to analyst estimates of $7.99 billion. Sprint had a return on equity of 0.73% and a net margin of 22.80%. The business’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.07) earnings per share. equities research analysts predict that Sprint Co. will post -0.05 EPS for the current fiscal year.

Sprint Profile

Sprint Corporation, through its subsidiaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates in two segments, Wireless and Wireline.

Want to see what other hedge funds are holding S? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprint Co. (NYSE:S).

Institutional Ownership by Quarter for Sprint (NYSE:S)

Friday, May 25, 2018

Tredje AP fonden Has $1.02 Million Position in CBS Co. (CBS)

Tredje AP fonden trimmed its holdings in CBS Co. (NYSE:CBS) by 44.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 50,692 shares of the media conglomerate’s stock after selling 41,250 shares during the period. Tredje AP fonden’s holdings in CBS were worth $1,016,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CBS. Xact Kapitalforvaltning AB boosted its position in shares of CBS by 3.2% during the fourth quarter. Xact Kapitalforvaltning AB now owns 65,958 shares of the media conglomerate’s stock worth $3,892,000 after buying an additional 2,041 shares during the period. Toronto Dominion Bank boosted its position in shares of CBS by 12.5% during the fourth quarter. Toronto Dominion Bank now owns 155,517 shares of the media conglomerate’s stock worth $9,176,000 after buying an additional 17,240 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of CBS by 53.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 21,419 shares of the media conglomerate’s stock worth $1,264,000 after buying an additional 7,436 shares during the period. Tower View Investment Management & Research LLC purchased a new position in shares of CBS during the fourth quarter worth $1,201,000. Finally, Financial Counselors Inc. boosted its position in shares of CBS by 51.9% during the fourth quarter. Financial Counselors Inc. now owns 139,468 shares of the media conglomerate’s stock worth $8,229,000 after buying an additional 47,637 shares during the period. Institutional investors own 75.61% of the company’s stock.

Get CBS alerts:

Several research analysts have recently commented on the company. Wells Fargo & Co lowered CBS from an “outperform” rating to a “market perform” rating and set a $63.00 price target for the company. in a research report on Monday, January 29th. ValuEngine lowered CBS from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Pivotal Research restated a “hold” rating and set a $64.00 price target on shares of CBS in a research report on Friday, February 16th. Benchmark reiterated a “buy” rating on shares of CBS in a research note on Friday, February 16th. Finally, B. Riley reduced their price objective on CBS from $84.00 to $73.00 and set a “buy” rating on the stock in a research note on Friday, February 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $68.47.

In other CBS news, CEO Leslie Moonves sold 85,000 shares of the firm’s stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $50.46, for a total value of $4,289,100.00. Following the sale, the chief executive officer now directly owns 915,531 shares in the company, valued at $46,197,694.26. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 330,000 shares of company stock worth $17,174,900. 1.80% of the stock is owned by insiders.

CBS opened at $50.51 on Thursday, Marketbeat reports. CBS Co. has a 1-year low of $47.54 and a 1-year high of $68.75. The company has a debt-to-equity ratio of 4.78, a quick ratio of 1.13 and a current ratio of 1.52. The firm has a market capitalization of $19.53 billion, a price-to-earnings ratio of 12.05, a price-to-earnings-growth ratio of 0.68 and a beta of 1.49.

CBS (NYSE:CBS) last posted its quarterly earnings results on Thursday, May 3rd. The media conglomerate reported $1.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.15. CBS had a return on equity of 77.15% and a net margin of 7.94%. The company had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.65 billion. During the same period last year, the firm earned $1.04 earnings per share. CBS’s quarterly revenue was up 12.5% on a year-over-year basis. analysts anticipate that CBS Co. will post 5.24 earnings per share for the current fiscal year.

CBS Company Profile

CBS Corporation operates as a mass media company worldwide. The company operates through four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces, acquires, and distributes theatrical motion pictures; and digital streaming services.

Institutional Ownership by Quarter for CBS (NYSE:CBS)

Tuesday, May 22, 2018

An egg a day may reduce heart disease risk, study…

Eating one egg a day may significantly cut your risk of cardiovascular disease, according to a new study from Chinese researchers.

The study published in the journal Heart recruited more than 500,000 people in China between 2004 and 2008 to ask about their egg consumption.

The study led by researchers from Peking University Health Science Center� was then narrowed down to people who did not have prior cancer, cardiovascular disease or diabetes.

The results showed people who consumed one egg a day carried a lower risk for cardiovascular disease and strokes compared to those who didn't eat eggs at all.

"Among Chinese adults, a moderate level of egg consumption (up to <1 egg/day) was significantly associated with lower risk of (cardiovascular disease), largely independent of other risk factors," reads an excerpt from the study.

The study didn't explore health risks associated with people who eat more than one egg daily.

Eggs have long received a bad rap over concerns it could boost cholesterol, but have been recommended more frequently by dietary experts for their high protein and other nutrients like Vitamins D and K as well as�omega-3 fatty acids.

More: These foods get a bad rap, but are actually good for you

In 2015, an expert panel advising the federal government on nutrition�updated its dietary guidelines to remove daily limits on dietary cholesterol, including eggs, saying dietary sources don't really affect the amount of cholesterol in the blood.

Follow Brett Molina on Twitter: @brettmolina23.

Your Evening Briefing

Want to receive this post in your inbox every afternoon? Sign up here.

The success of a summit between President Donald Trump and North Korea President Kim Jong Un hinges on China's President Xi Jingping. He appears to be using his power as leverage in trade talks with the U.S., and not everyone is happy with how those talks are going.

Here are today's top stories

A divided U.S. Supreme Court ruled that employers can force workers to use individual arbitration instead of class-action lawsuits to press legal claims. 

China is planning to scrap all limits on the number of children a family can have, ending a policy that spurred human-rights abuses and left the economy short of workers. 

Deputy U.S. Attorney General Rod Rosenstein and FBI Director Christopher Wray met with Trump on Monday to discuss the DOJ's disputes with Republicans over the Russia investigation.

Trump stepped up economic pressure on Venezuela President Nicholas Maduro with an executive order prohibiting purchases of debt owed to the government.

Barack and Michelle Obama entered a multiyear deal with Netflix to create a "diverse mix" of programs, which may include scripted series, documentaries and feature films. 

In Bloomberg Opinion, Virginia Postrel explains her role in causing California's housing crisis.

What's Joe Weisenthal thinking? The Bloomberg news director is appraising the apparent truce in the U.S.-China trade war. For now, both sides have said they will put tariffs on hold as they work to facilitate some sort of vaguely-specified rebalancing. But analysts are already skeptical that the good times will last before tensions flare up again.

What you'll need to know tomorrow Elon Musk unveiled specs for a faster Tesla Model 3 which will cost $78,000. Tesla shares have declined about 7 percent this year, but some analysts are still bullish. Donald Trump Jr. keeps getting drawn back into Robert Mueller’s investigation.  Want to turn your mom's savings into $1 billion? Ask this guy how he did it.  A good watch doesn't have to cost a fortune. Here are five great options under $1,000. Some oil investors are betting the "lower for longer" price mantra is all but over. Michael Gelband is launching the biggest hedge fund startup ever.What you'll want to read tonight

Kensington Palace released official wedding photographs taken of Prince Harry and the former Meghan Markle shortly after their wedding. Alexi Lubomirski's images include a family portrait of the couple with Queen Elizabeth II and Prince Philip, Prince Charles, Prince William and their spouses, as well as Markle's mother and the children who served as bridesmaids and page boys.

#lazy-img-327927505:before{padding-top:75%;}In this photo released by Kensington Palace on Monday May 21, 2018, shows an official wedding photo of Britain's Prince Harry and Meghan Markle, center, in Windsor Castle, Windsor, England, Saturday May 19, 2018. Others in photo from left, back row, Jasper Dyer, Camilla, Duchess of Cornwall, Prince Charles, Doria Ragland, Prince William; center row, Brian Mulroney, Prince Philip, Queen Elizabeth II, Kate, Duchess of Cambridge, Princess Charlotte, Prince George, Rylan Litt, John Mulroney; front row, Ivy Mulroney, Florence van Cutsem, Zalie Warren, Remi Litt. (Alexi Lubomirski/Kensington Palace via AP)Photographer: Alexi Lubomirski/PA LISTEN TO ARTICLE 2:32 Share Share on Facebook Post to Twitter Send as an Email Print

Sunday, May 20, 2018

Shares of Essendant Inc. Pop After News of Sycamore Partners Bid

What happened

Shares of Essendant Inc. (NASDAQ:ESND), a wholesale distributor of workplace items in categories such as office facilities, industrial, automotive, and others, gained 19% on Thursday after the company confirmed Sycamore Partners�made a bid to buy the company. Sycamore Partners owns Staples.

So what

Sycamore Partners owns roughly 9.9% of Essendant and made an offer to purchase the rest of the company for $11.50 per share in cash. Essendant closed at $13.10. Genuine Parts�is also involved, with a prior offer for $12 per share. "We do not believe Staples' conditional, non-binding proposal to acquire Essendant for $11.50 per share in cash to be a superior proposal nor reasonably likely to lead to a superior proposal as defined under the terms of the Merger Agreement," Genuine Parts wrote in the statement, according to American City Business Journals.

Forklift with pallet of boxed goods in a warehouse.

Image source: Getty Images.

Now what

The bid from Sycamore Partners gives some insight to the future of Staples. For Staples, once a well-known and successful retailer of office supplies, bringing Essendant into the fold would indicate a push toward business-to-business retailing and further away from consumer retailing. Ultimately, the ball is in Essendant's court, and investors are happy about that.